InvestSMART

Matsa Resources Limited (ASX:MAT)

ALERT: Price-sensitive ASX Announcement for MAT
Current share price for MAT : $0.059 -0.018 (-23.38%)+
Release
29 May 2026 9:34AM
Price at Release
$0.077
Full Release
download
Summary
Matsa Resources Limited announced the commencement of its third gold ore processing campaign at the Devon Gold Mine. The processing takes place at FMR's Greenfield processing plant, with a 13-day window allocated, which is six days shorter than the previous campaign due to operational requirements. The mining is on pace to meet or exceed the ore grade of the second campaign. The next campaign, Campaign 4, is scheduled for late July 2026. This update was authorized for release by the Board of Matsa Resources Limited.
Key Points
  • Third gold ore processing campaign commenced at Devon Gold Mine.
  • Processing done at FMR's Greenfield plant with a 13-day window.
  • Campaign 3 is shorter by 6 days than Campaign 2.
  • Mining expected to meet or exceed Campaign 2 ore grades.
  • Campaign 4 planned for late July 2026.
  • Announcement authorized by Matsa Resources Limited's Board.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.